Open Access. Powered by Scholars. Published by Universities.®

Education Commons™

Open Access. Powered by Scholars. Published by Universities.®

Series

2016

Economics

Articles 1 - 2 of 2

Full-Text Articles in Education

Development Of Utility Theory And Utility Paradoxes, Timothy E. Dahlstrom Jun 2016

Development Of Utility Theory And Utility Paradoxes, Timothy E. Dahlstrom

Lawrence University Honors Projects

Since the pioneering work of von Neumann and Morgenstern in 1944 there have been many developments in Expected Utility theory. In order to explain decision making behavior economists have created increasingly broad and complex models of utility theory. This paper seeks to describe various utility models, how they model choices among ambiguous and lottery type situations, and how they respond to the Ellsberg and Allais paradoxes. This paper also attempts to communicate the historical development of utility models and provide a fresh perspective on the development of utility models.

Go to article

Pols 459: International Political Economy—A Peer Review Of Teaching Project Benchmark Portfolio, Nam Kyu Kim Jan 2016

Pols 459: International Political Economy—A Peer Review Of Teaching Project Benchmark Portfolio, Nam Kyu Kim

UNL Faculty Course Portfolios

This Peer Review Course Portfolio documents my teaching practices in International Political Economy (POLS 459) and analyze student learning in the course. POLS 459 is an upper-division course designed to introduces students to the study of international political economy. The most important goal of the course is that students should be able to demonstrate substantive knowledge of the political economy of international trade, investment and development. To this end, I mainly employ classroom lectures, classroom discussions, and small group work. Students work on six in-class quizzes, three exams, and one group presentation. My analysis of student learning reveals that many …

Go to article